The Gross Domestic Product (GDP) in Ecuador expanded 4.30 percent in the fourth quarter of 2022 over the same quarter of the previous year. source: Banco Central del Ecuador

GDP Annual Growth Rate in Ecuador averaged 3.11 percent from 2000 until 2022, reaching an all time high of 11.60 percent in the second quarter of 2021 and a record low of -13.90 percent in the second quarter of 2020. This page provides the latest reported value for - Ecuador GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Ecuador GDP Annual Growth Rate - data, historical chart, forecasts and calendar of releases - was last updated on June of 2023.

GDP Annual Growth Rate in Ecuador is expected to be 3.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations.

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Ecuador GDP Annual Growth Rate



Calendar GMT Actual Previous Consensus TEForecast
2013-08-06 12:00 AM Q1 2013 3.5% 4.8%(R) 4.15%
2013-11-01 10:00 PM Q2 2013 3.5% 3.5% 3.2%


Related Last Previous Unit Reference
GDP Growth Rate 2.34 1.67 percent Dec 2022
GDP Annual Growth Rate 4.30 3.20 percent Dec 2022
GDP Constant Prices 18251544.00 17920546.00 USD THO Dec 2022
Gross Fixed Capital Formation 3571130.00 3574750.00 USD THO Dec 2022
GDP from Utilities 559101.00 577260.00 USD Thousand Dec 2022
GDP from Transport 1344691.00 1343490.00 USD Thousand Dec 2022
GDP from Services 1166866.00 1149941.00 USD Thousand Dec 2022
GDP from Public Administration 1188422.00 1159882.00 USD Thousand Dec 2022
GDP from Mining 1549611.00 1558665.00 USD Thousand Dec 2022
GDP from Manufacturing 2049845.00 2064035.00 USD Thousand Dec 2022
GDP from Construction 1105770.00 1100247.00 USD Thousand Dec 2022
GDP from Agriculture 1362404.00 1320537.00 USD Thousand Dec 2022

Ecuador GDP Annual Growth Rate
The biggest sector of Ecuador´s economy is services. Retail and wholesale trade, hotels and restaurants, transport, communication and warehousing, financial intermediation, professional, technical, administrative and household services, education and health and government services and goods account for 57 percent of the GDP. Manufacturing, mining and quarrying create 23 percent of the wealth and construction and water and electricity distribution 11 percent. Agriculture, forestry and fishing account for the remaining 9 percent of GDP.
Actual Previous Highest Lowest Dates Unit Frequency
4.30 3.20 11.60 -13.90 2000 - 2022 percent Quarterly